Track market-moving stories before they get noisy

Klaytn Coin is the native cryptocurrency of its own blockchain developed by Kakao.

What is Klaytn (KLAY)?Klaytn (KLAY) is a public blockchain platform that provides an accessible user experience and development environment to spread the value of blockchain technology. The platform brings together the best features of both public and private blockchains with an efficient “hybrid” design.

Klaytn aims to bring Blockchain technology to all types of users, from micro-enterprises to corporate divisions. The company’s mission is to make decentralization usable on a global scale through blockchain. The project has already caught the radar of numerous reputable brands worldwide.

Without any technical knowledge, you can easily set up your own chain on Klaytn or join other chains. You do not need to be an expert in cryptography or have deep knowledge about Blockchain technology. Without the need for a specialized technical advisor, anyone can create their own token ecosystem on Klaytn according to their own literature.

As an ecosystem composed of DApps, Klaytn offers the opportunity to find and develop the type of application that benefits users. Due to the decentralized nature of the platform, application operations are not restricted, providing users with virtually unlimited use cases. Klaytn supports dApps in many areas, including digital asset management, art collection, game development, decentralized exchanges, and more. Due to this diversity, Klaytn has attracted the attention of corporate investors such as Humanspace, Wemade Tree, and Piction Network.

Where to Buy KLAY Coin?KLAY Coin can be safely bought and sold on Binance, the world’s largest cryptocurrency exchange by trading volume. KLAY Coin is traded on the Binance platform in KLAY/BTC, KLAY/BNB, KLAY/BUSD, and KLAY/USDT pairs.

To buy KLAY, you must first become a member of the Binance exchange. Once membership is completed, you need to transfer cryptocurrency or fiat currency to your Binance account wallet. After the transfer is complete, you can purchase KLAY Coin from any of the four pairs mentioned above. To buy from the KLAY/USDT trading pair, you must first go to the interface of this pair. In the limit section of the KLAY/USDT interface, enter the amount you want to buy. After specifying the amount, the purchase is made with the Buy KLAY order.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Amid a falling wedge breakout rally, Klaytn prepares a jump to $0.21 with the 23.60% Fib level breakout at $0.16446.

As the Bitcoin price trades below the $60,000 mark, the altcoin market is surprisingly gaining momentum. Amidst the top-performing altcoins, Klaytn shows a promising bullish recovery in motion. Will this breakout rally gain momentum for a smooth ride to $0.21?

Recovery Kickstarts Klaytn Breakout Run  The Klaytn daily chart shows a falling wedge pattern, accounting for a 63% drop since March 2024. However, the recent bullish reversal from the $0.1166 support level created a bullish cycle, resulting in a breakout rally.

The uptrend accounts for a 32% jump in the last 16 days with less than 5 bearish candles. Hence, with a red to green candle ratio of 5:11, the underlying sentiments are improving for Klaytn.

The bearish alignment of the crucial simple moving averages (50, 100, and 200) in the daily chart reveals the broader bearish sentiment. However, the bull run exceeds the overhead resistance trendline and the 50-day SMA to challenge the 100-day SMA. 

Currently, the Klaytn price is trading at $0.1573. The bullish crossover in the DMI indicator suggests a potential reversal in underlying market sentiment.

The pullback comes after the 3.52% jump overnight reflecting a pullback for a retest run. A post-retest reversal from the broken trendline could prolong the extended uptrend in motion. 

Klaytn to Launch on Kaia Klaytn, in partnership with Pincia, is gearing up to launch the Kaia Blockchain mainnet on August 29. 

Where is the Klaytn Breakout Run Headed? Based on the Fibonacci levels, the uptrend challenges the 23.60% Fibonacci level at $0.1644. Furthermore, the breakout rally forms a rounding bottom reversal with a neckline at the 23.60% Fibonacci level. Hence, the breakout run from the $0.1644 mark will result in an explosive move. 

The upcoming target levels are at the 50% Fib level at 38.20% level at $0.19 and the 50% level at $0.21. Conversely, the support levels for Klaytn are at the psychological mark of $0.11 and $0.10. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

HashKey and Kaia partner to boost Web3 adoption in Asia

LINE says it’s not in bed with Sony’s Soneium after all

The Birth of Asia's Largest Web3 EcosystemIn January 2024, South Korea's Klaytn and Japan's Finschia announced a merger to create Asia's largest Web3 ecosystem, addressing Klaytn's limited global reach beyond South Korea and Finschia's regional scope limitations. Klaytn, developed by tech giant Kakao, had established strong enterprise solutions but struggled with mainstream adoption. Finschia, backed by messaging company LINE, had built a strong user experience but faced difficulties expanding beyond Japan. By combining their strengths, the new entity aimed to create a blockchain capable of competing on a global scale.

The merger received overwhelming support, with over 90% approval from both communities in a vote held on February 15, 2024. Following months of technical preparation and integration, the Kaia Chain mainnet officially launched on August 29, 2024. The Kaia DLT Foundation, established in Abu Dhabi, leverages the emirate's progressive regulatory framework to drive global growth, overseeing token conversions ($KLAY to $KAIA automatically, $FNSA via Kaia Portal) and ecosystem governance. This strategic positioning in Abu Dhabi provides significant advantages for institutional adoption and regulatory compliance across multiple jurisdictions.

The merger process included these key developments:

Community Approval: Over 90% support from both blockchain communitiesToken Conversion: Automatic conversion of Klaytn ($KLAY) to Kaia ($KAIA)Manual Token Swap: Finschia ($FNSA) holders used the Kaia Portal for conversionFoundation Establishment: Creation of the Kaia DLT Foundation in Abu DhabiThe merger drew inspiration from the success of TON (The Open Network) and sought to improve competitiveness by leveraging a combined user base of over 250 million from KakaoTalk and LINE messenger apps. This gave Kaia an immediate advantage in terms of potential user acquisition compared to other emerging blockchains.

How Kaia Chain Works and What It OffersKaia Chain is an Ethereum Virtual Machine (EVM)-compatible Layer 1 public blockchain designed to bring Web3 technology to millions across Asia through high performance, scalability, and Web2 integration.

Technical Architecture and PerformanceKaia's architecture supports impressive performance with 4,000 transactions per second (TPS), 1-second finality, and gas fees one-tenth of Ethereum's. The modified Practical Byzantine Fault Tolerance (PBFT) consensus mechanism prioritizes reliability while maintaining efficiency. This approach offers significant advantages over both proof-of-work and standard proof-of-stake systems, particularly for enterprise-grade applications that require predictable performance.

To achieve this balance of speed and reliability, the network architecture is divided into three interconnected components working in harmony. The Core Cell Network (CCN) forms the backbone, handling transaction validation, execution, and block creation with consistent performance. The Endpoint Node Network (ENN) manages API requests and connects applications to the main chain, preventing bottlenecks during high-traffic periods. The Service Chain Network (SCN) creates dedicated blockchains for specific applications that require intensive resources. For example, Yuliverse, with its location-based gameplay and frequent user interactions, benefits from its own Service Chain that handles player movements and rewards without slowing down the main network, while still allowing assets to move between chains when needed.

Kaia Chain network stats (KaiaScan)User Experience and EcosystemKaia bridges Web2 and Web3 via integration with KakaoTalk (50 million users) and LINE (200 million users), enabling seamless access to blockchain services. Unlike most blockchains that require significant technical knowledge, Kaia makes the experience intuitive even for those with no prior crypto experience.

Features like account abstraction simplify wallet creation through biometrics or social logins, removing private key complexity. Gas fee delegation lets applications cover transaction costs, eliminating barriers. For instance, a new user downloading a Kaia-powered game through LINE can make their first NFT purchase without buying KAIA or understanding gas fees.

The ecosystem supports diverse applications. DragonSwap, Kaia's leading decentralized exchange, offers low-fee trading, concentrated liquidity, and burns 30% of revenue to boost KAIA's deflation. Yuliverse, a Web3 gamified lifestyle platform inspired by Pokémon GO and Tinder, lets players earn tokens through real-world tasks and social interactions, integrated with LINE's 200 million users. Platforms for tokenizing real-world assets, such as gold, real estate, and commodities, ensure regulatory compliance for secure trading. Decentralized autonomous organizations (DAOs) enable community-driven governance, shaping Kaia's projects and resources.

The Kaia Portal and User JourneyThe Kaia Portal, launched in September 2024, provides an all-in-one DeFi hub serving over 25 million unique active wallets. The platform unifies multiple blockchain functions that would typically require several different applications, creating a streamlined experience for both crypto veterans and newcomers.

A typical user journey illustrates how Kaia removes traditional barriers to entry: A LINE messenger user discovers the Kaia Portal through a friend's recommendation and connects their messenger account to create a wallet—no seed phrases or complex security procedures. They can purchase KAIA directly with a credit card through the Portal's fiat on-ramp, avoiding cryptocurrency exchanges. Within minutes, they can trade tokens on DragonSwap or start earning rewards in Yuliverse, while accumulating points in the Portal's rewards program that can be exchanged for additional benefits.

All actions are completed within LINE's intuitive interface, creating an experience that feels like using a traditional finance app rather than a blockchain. The Portal's points-based rewards system encourages participation and creates a pathway for non-crypto users to learn blockchain concepts through gamified experiences, gradually introducing them to advanced features.

Developer Tools and ResourcesKaia provides developers with an extensive toolkit designed to streamline blockchain application development. At the core of this offering are pre-audited smart contract templates that dramatically reduce both development time and security risks. These templates cover common use cases across DeFi, GameFi, and NFT applications, allowing teams to launch products with confidence without the expense of multiple security audits that can cost hundreds of thousands of dollars.

The platform emphasizes simplified deployment processes that require minimal blockchain expertise, making it accessible for Web2 developers transitioning to Web3. Familiar development environments like Hardhat, Remix, and thirdweb compatibility reduce the learning curve for teams with existing Ethereum development experience, as they can use the same tools and workflows they're already comfortable with.

CosmWasm support enables cross-chain compatibility with Cosmos-based chains, while integrated bridges connect with Ethereum, BNB Chain, and other major networks. This interoperability is crucial for applications that need to interact with assets or data across multiple blockchains. Kaiascope offers comprehensive blockchain exploration with advanced filtering capabilities that exceed standard block explorers, giving developers deeper insights into on-chain activities.

Developer advantages on Kaia include:

Pre-audited templates for common DeFi, GameFi, and NFT applicationsSimplified deployment processes requiring minimal blockchain expertiseFamiliar development environments with Hardhat, Remix, and thirdweb compatibilityComprehensive documentation in multiple Asian languages and EnglishDirect technical support through the Kaia Developer DiscordThis focus on developer experience has enabled projects to launch on Kaia in weeks rather than months, with lower costs and reduced technical barriers compared to other blockchains.

Understanding Kaia's TokenomicsThe KAIA token powers transactions, smart contracts, and governance in the ecosystem. After the merger, the circulating supply reached 5.805 billion KAIA, with a total supply that decreased from the original 6.005 billion due to token burns.

Kaia targets a 5.2% annual inflation rate (9.6 KAIA issued per block), positioning it between deflationary chains like post-Merge Ethereum and more inflationary chains like Solana. This balanced approach provides sufficient incentives for validators while avoiding excessive dilution. The inflation rate can be adjusted through governance and may decrease as adoption increases.

Newly created tokens incentivize network participants, with 50% reinvested into the Kaia Ecosystem Fund (supporting applications development) and the Kaia Infrastructure Fund (financing technical improvements). Transaction fee burning creates deflationary pressure, while 30% of Maximal Extractable Value (MEV) profits are burned to prevent validator centralization.

Governance and Decentralization PathKAIA stakers receive voting rights proportional to their stake, with a 5% cap per entity to ensure balanced governance influence. This cap means that even if a single entity controlled a substantial portion of the token supply, their voting power would be limited to 5% of the total, preserving the democratic nature of the governance system.

Governance decisions are recorded on-chain for transparency and cover protocol upgrades, token issuance rates, and fund allocations. Currently, the Kaia Governance Council oversees major decisions, bringing together representatives from corporations, DAOs, and ecosystem builders.

This council structure is designed as a transitional phase in Kaia's journey toward full decentralization. By Q3 2025, Kaia plans to implement permissionless validation through a three-stage process. First, the validator set will expand from the current 30 approved entities to 100 nodes with a more inclusive application process. Second, the Governance Council will progressively delegate authority over validator selection, proposal review, and treasury management to the community. Finally, the network will open to anyone meeting minimum technical and staking requirements, creating a truly decentralized validation system while maintaining network security and performance.

Kaia Chain's governance process (official docs)The Future Roadmap for Kaia ChainWeb2 Integration MilestonesKaia's most ambitious near-term goal is to embed the Kaia Portal directly in LINE Messenger, making blockchain services accessible through the messaging app's native interface without requiring additional applications. This integration will expose Kaia's functionality to millions of non-crypto users through an interface they already use daily.

Financial Products TimelineOn the financial front, USD stablecoins are planned for mid-2025, followed by KRW and JPY stablecoins for Asian markets by Q3 2025. These region-specific stablecoins will provide familiar reference points for users in Kaia's core markets, reducing volatility concerns for newcomers.

Decentralization RoadmapFor decentralization, a permissionless validator structure transition is scheduled for Q3 2025, expanding the network from the current 42 nodes to 100 in the first phase. The goal is to create a more distributed network while maintaining performance and security.

Ecosystem Development StrategyThe Kaia Ecosystem Fund will continue providing strategic investments to attract and nurture promising projects across the blockchain space. Unlike general-purpose funding, Kaia's approach focuses on projects that specifically leverage its unique strengths in messenger integration and Asian market access. The ecosystem development strategy encompasses several interconnected initiatives:

Funding Programs: Direct investments in promising projects across multiple sectorsIncubation Support: Technical assistance and mentorship for early-stage teamsDeveloper Grants: Resources for independent developers building essential toolsCommunity Rewards: Incentives for active ecosystem participants through the Missions programThe December 2024 launch of Kaia Wave, the platform's incubator program, brought 20 carefully selected mini-applications into the ecosystem after a competitive selection process. The inaugural cohort included DragonSwap (the leading decentralized exchange), Yuliverse (the Pokémon GO-inspired gamified platform), and several platforms for tokenizing real-world assets. Future Waves will expand this approach, with special focus on applications that can attract users from KakaoTalk and LINE directly into the Web3 space.

Growth and Adoption TargetsKaia exceeded its 2025 goal of 2.5 million active wallet addresses, reaching over 25 million unique active wallets by April 2025. The Kaia Portal's Missions program introduced expanded token rewards in phased releases, encouraging users to explore different aspects of the ecosystem. These gamified missions create engagement pathways that gradually increase in complexity, educating users while rewarding participation. This exceptional growth demonstrates the effectiveness of Kaia's strategy to leverage existing messaging platforms for user acquisition. ### Strategic Partnerships and Sustainability

Beyond core platform development, Kaia is pursuing several parallel initiatives that will enhance its capabilities and expand its reach:

Tokenized bonds and real estate: Corporate bonds in Q4 2025, residential properties in 2025, commercial in 2026Physical commodity tokens: Gold, silver, and industrial metals by early 2026Carbon credit markets: Sustainability-focused tokens by mid-2026Global partnerships: CARV for on-chain reputation and Dune for analyticsEnergy efficiency: PBFT consensus using 99.98% less energy than BitcoinThe CARV partnership provides standardized on-chain reputation and credential verification, allowing developers to build applications that can trust user identity and history without compromising privacy. This solves a major challenge in decentralized applications that require trust systems but want to maintain user anonymity.

Technical EnhancementsOn the technical front, Kaia plans to enhance Layer 2 solutions to enable a major GameFi project to handle up to 10,000 concurrent players with sub-second interaction times. Support for batch API requests (up to 3,000 at once) will improve efficiency for data-intensive applications, while custom plugins for development tools are scheduled for release by Q2 2025.

Conclusion: Kaia's Position in the Blockchain LandscapeKaia's unique combination of technical performance and messaging app integration positions it distinctively in the blockchain landscape. While other chains like Solana and Avalanche focus primarily on technical specifications, Kaia differentiates itself through user experience and established distribution channels to 250 million potential users through KakaoTalk and LINE.

The blockchain strikes a balance between performance and accessibility. Its architecture delivers reliable 4,000 TPS with 1-second finality and fees that remain affordable even during network congestion, making it suitable for applications requiring predictable performance like payment systems and gaming platforms.

With live projects like DragonSwap and Yuliverse, and a roadmap for stablecoins and permissionless validation, Kaia effectively bridges Web2 with Web3 innovation. Its strategy of leveraging existing user bases rather than building from scratch could accelerate blockchain adoption in Asia.

By blending accessibility with security, Kaia is poised to ignite Asia's Web3 revolution and shape global trends. To learn more, join the Kaia Wave at kaia.io and stay informed on the latest news by following @KaiaChain on X.

With a focus on user-first web3 applications and messaging app integration, along with its fiat/crypto hybrid payment capabilities, Kaia aims to simplify web3 adoption, solidifying its foothold in Asia and now worldwide. This article explores what sets Kaia apart, how its Mini DApps on LINE Messenger work, and why it’s gaining traction in the global blockchain ecosystem.

KEY TAKEAWAYS
➤ Kaia is a layer-1 blockchain tied to KakaoTalk and LINE, dominant messaging apps in South Korea and Asia.
➤ The Kaia ecosystem also includes its native USDT-enabled wallet and savings accounts, an on-chain DEX, and staking options.
➤ Kaia aims to lead KRW and JPY stablecoin markets via hybrid payments with KakaoPay, Tether, and LINE NEXT.

Table of Contents

What is Kaia chain?What differentiates Kaia in the global L1 landscape?How does Kaia work?Mini DApps and ecosystem DAppsConsumer DeFi on KaiaHigh potential in stablecoin businessesKaia ecosystemPartnerships and ecosystemIs Kaia leading web3 adoption in Asia?Frequently asked questions What is Kaia chain? Kaia is a layer-1 (L1) blockchain network developed to support consumer-facing decentralized applications (DApps), particularly through integrations with the LINE and KakaoTalk mobile messaging/superapp platforms.

Launched in 2024, Kaia emerged from the merger of two established Asian blockchain networks, Klaytn and Finschia. Klaytn and Finschia were originally developed by Asian IT giants, Kakao and LINE, respectively, leading to their separate reputations regarding enterprise and consumer blockchain use cases.

At the beginning of 2024, both organizations suggested combining their mainnets to create what they intended to be the biggest web3 network in Asia. After the merger was finalized in August 2024, Kaia was introduced as the new chain. The newly established Kaia DLT Foundation assumed governance responsibility.

What differentiates Kaia in the global L1 landscape? With a focus on usability and scalability, Kaia aims to bring blockchain-based services to non-technical users and mainstream consumers through a mobile-first approach across Asia and beyond worldwide. The Kaia chain is:

EVM-compatible 1-second block times Instant finality High throughput Advanced account abstraction stacks Its most distinctive feature is Mini DApps within LINE Messenger. This allows users to engage with crypto services such as token swaps, gaming, and savings without leaving the comfort of their mobile phones. This gives Kaia a unique distribution advantage — LINE’s 196 million users across Japan and Southeast Asia serve as a built-in audience for web3 services.

As a result, Kaia represents a compelling case study in embedding web3 functionality into Asia’s leading superapp platforms that already have strong user bases. Due to its advanced account abstraction stacks, Kaia’s DApps provide a user-friendly interface, which ensures a quick, easy, and flexible user experience at their fingertips.

Kaia is also capable of launching full-fledged stablecoin businesses through its extensive business network and technical readiness. This allows it to cater to global and Asian local markets, such as Korea and Japan, where pro-crypto regulatory frameworks are currently taking shape, following the shifting crypto space in the global market, including the USA.

Kaia now plans to collaborate with fintech platforms, such as KakaoPay, which are payment services natively embedded in superapps. The objective is to integrate fiat-to-crypto hybrid payment solutions into users’ everyday mobile or web applications. Thus, Kaia will be well-positioned to lead the promising local stablecoin segment.

Kaia’s growing user base: Dune How does Kaia work? The Kaia network uses a Byzantine Fault Tolerance-based mechanism and features a layered node architecture designed for scalability and security.

Core Cell Network (CCN): Includes Core Cells (CCs) that manage transaction validation, execute smart contracts, and produce new blocks.

Endpoint Node Network (ENN): Made up of Endpoint Nodes (ENs) that handle API requests and relay data between users, service chains, and the main network.

Service Chain Network (SCN): Comprises independent blockchains operated by DApps, connected to Kaia’s mainnet through Endpoint Nodes for interoperability and scalability.

Thanks to EVM compatibility, developers familiar with Ethereum can deploy on Kaia with ease. The network also facilitates cross-chain asset flows through bridges like Orbiter and Stargate, allowing users to transfer their assets between Kaia and other ecosystems.

Mini DApps and ecosystem DApps Mini DApps are lightweight decentralized applications designed for quick and easy use directly within LINE Messenger. These apps are important to Kaia’s strategy because they provide mobile- and user-centered access to web3 services like gaming, DeFi, digital rewards, and token transactions without downloading additional wallets or interfaces.

Popular titles include games like Elderglade and Bombie, as well as DeFi applications such as CapybaraDEX, DragonSwap, decentralized exchanges, and Lair Finance, a liquid staking protocol.

This success has helped Kaia become the fifth-largest EVM-compatible L1 chain by active wallets as of July. Its top three Mini DApps see an average revenue per paying user (ARPPU) of $2,353 (15,719 $KAIA), demonstrating strong monetization alongside user engagement.

This model reflects a hybrid approach combining web2 usability and web3 functionality. It reduces friction for new users and provides familiar interfaces.

“LINE’s Mini DApps encompass a variety of genres and types of productivity. DApps that mainstream users can access at their fingertips will increasingly meet diverse consumer needs at their fingertips. This is how Kaia offers consumer-focused Web3 services that help users avoid complexity when it comes to signing in for a conventional DApp,” said Dr. Sam Seo, Chairman of Kaia DLT Foundation.

Consumer DeFi on Kaia Kaia’s consumer DeFi strategy centers on delivering financial products through familiar mobile interfaces. These services are embedded within messaging apps and aim to simplify crypto-related interactions. Key offerings include:

Digital wallets and savings accounts supporting the native Kaia USDT On-chain decentralized exchanges and DeFi protocols Staking solutions that let users earn yield on their KAIA holdings or other supported assets Users can interact with these services using Kaia’s Mini DApps or Kaia-powered Mini DApp Wallet system, accessible within LINE Messenger. For example, a user can earn crypto by playing a game and deposit it into a yield-bearing savings account without exiting the app.

Additional layers of financial infrastructure include an AI-driven strategy manager and a fiat on-ramp for local currencies.

High potential in stablecoin businesses In May 2025, Tether introduced native USDT on the Kaia Chain. As a result, Kaia users can now conduct payments and will soon be able to make cross-border transfers with stablecoins right from their chat interfaces, or on/offramps such as Slash Payment (https://vpc.slash.fi/).

“Starting from the partnership with Tether, we are collaborating with our valuable partners to ensure extensive stablecoin projects, such as KRW- or JPY-backed stablecoins and crypto-powered hybrid payment solutions, on the Kaia chain, after regulatory frameworks become clear in these countries,” Dr. Sam Seo added.

Kaia’s goal is to provide hybrid payment options, yield-bearing opportunities in a familiar format, and cross-border remittance services, catering to users who face low domestic interest rates, limited access to U.S.-dollar-denominated savings products, and costly currency exchange transactions.

Through these stablecoin offerings, Kaia attempts to meet the growing demand for accessible and transparent financial instruments in multiple regions around the world.

Kaia ecosystem Kaia prioritizes accessibility and mobile usability. Its core services are available through the Kaia Wallet, which is integrated into LINE Messenger and serves as the gateway to all Mini DApps. Your existing OKX and Bitget Wallets get you through to DApp Portal within half a minute of the registration process, while there is also the web version of DApp Portal that supports instant login with Google accounts. The wallet allows users to:

Store Send Receive  Interact with DApps and earn rewards DApp Portal within LINE Messenger is the main directory for discovering more than 87 Mini DApps built on Kaia. These include games, savings tools, and other services that can be accessed with just a few taps. Unlike most blockchain platforms, Kaia eliminates the need for browser extensions or separate wallet apps.

For trading and liquidity, $KAIA is listed on most major exchanges, including Binance, Bybit, Bitget, Gate.io, Bitfinex, and Bithumb. USDT issued on Kaia is also supported across various platforms, including CEXs, on-chain wallets and DeFi protocols.

Developers can use SDKs, smart contract libraries, and tools like the Kaia Agent Kit to build applications tailored to mobile-first environments. This integrated approach helps position Kaia as a solution for mobile web3 participation.

Partnerships and ecosystem Kaia’s expansion strategy includes forming partnerships across infrastructure, custody, exchange, and application layers.

Among its most prominent partnerships is its work with Tether. Custody provider Fireblocks supports secure asset management for institutions building on Kaia, while exchanges like KuCoin and MEXC provide listing support for ecosystem tokens, including those from Mini DApp TGEs.

Business incubator Republic assists with tokenomics and project acceleration, offering advisory services to developers.

Beyond partnerships, Kaia has introduced programs like Kaia Wave and Kaito Yapper Leaderboard to encourage user content and incentivize developer activity. The foundation has also run developer bootcamps and launched analytic tools to improve ecosystem visibility.

Developer and builder support is structured across four programs:
➤ Ignite on Kaia (IOK): supports early-stage builders with onboarding and GTM help
➤ Kaia Wave: facilitates builder’s Mini DApp onboarding and boosts consumer adoption through ecosystem awareness activities in cooperation with LINE NEXT

These efforts have been backed by a recent funding round led by 1kx and Blockchain Capital, with participation from Galaxy Digital and others.

“Backed by foremost tech leaders like LINE, Kakao, and Tether as well as leading global partners, such as Blockchain Capital, 1kx, and Spartan Group, Kaia’s ecosystem shows unprecedented potential for growth and innovation. […] Since all Ethereum developer tools work seamlessly with Kaia as an EVM chain with full EVM compatibility, you can leverage familiar workflows as if without navigating a new ecosystem,” Dr. Sam Seo stated.

Is Kaia leading web3 adoption in Asia? Kaia presents a unique model for web3 growth in Asia and beyond by leveraging existing digital infrastructure and mobile platforms to deliver blockchain services. Its focus on superapp Web3 integration like Mini DApps, stablecoin-powered fiat/crypto hybrid finance and payment solutions, and in-app user experiences represents a significant departure from traditional crypto onboarding paths.

The platform also offers one of the most developed examples of mainstream web3 integration. Its approach could serve as a blueprint for other regions seeking to drive adoption through embedded, user-friendly blockchain applications.

Frequently asked questions What is Kaia Blockchain? Kaia is a Layer-1 blockchain created from the merger of Kakao’s Klaytn and LINE’s Finschia, focused on consumer-facing Web3 services across Asia.

What are Mini DApps on Kaia? Mini DApps are lightweight, mobile-optimized decentralized apps embedded in messaging platforms like LINE, covering games, finance, and more.

How is Kaia different from other blockchains? Kaia focuses on messaging app integration, mobile-first UX, and real-world asset DeFi, targeting a non-crypto-native audience in Asia. Additionally, Kaia’s fintech integration will ensure a robust Asian and worldwide stablecoin and crypto/fiat hybrid payment ecosystem, due to its strong business network.

Where can I buy or use KAIA? KAIA is listed on exchanges like Bitfinex, KuCoin, and Bybit. Users can also earn and spend KAIA within Mini DApps through the LINE DApp Portal.

GENIUS ACT and Beyond: Kaia Explains Asian Perspective

Analyst: SK Hynix’s US listing and fund-raising could trigger a valuation re-rating.

According to Bloomberg, SK Hynix is set to issue American Depositary Receipts (ADRs) on the Nasdaq on July 10. The listing aims to raise nearly $30 billion, making it one of the largest ADR issuances in history. Market participants widely believe the move will significantly expand its global investor base and may drive a valuation re-rating. Multiple asset management firms project that if its valuation converges with Micron Technology’s, its share price could rise by 30% over the next year. One fund manager noted that SK Hynix should trade at a valuation at least on par with Micron, as demand for memory chips is likely to outpace supply for years to come. The listing comes amid an unusually strong boom in the memory chip sector. Shares of Micron, SK Hynix, and Samsung Electronics have all surged over 200% this year, marking their best annual performance in decades. Demand for High Bandwidth Memory (HBM) from AI servers is widely seen as the driver of a structural "memory supercycle".

6 minutes ago

Jefferies: Samsung is likely to follow SK Hynix’s example to list in the US via ADRs.

Jeff Kim, Head of Research at Jefferies, said Samsung is likely to follow SK Hynix in listing on the U.S. market via American Depositary Receipts (ADRs), which will boost the share price of the South Korean chipmaker whose valuation lags behind Micron. "Chip stocks are at a turning point. ADRs will serve as an important catalyst to drive their valuations," he added.

6 minutes ago

UBS and TD Cowen sharply raise Arm’s target price, betting on a revaluation of Arm’s AI data center CPU value.

Arm’s stock price pulled back this week alongside the high-valuation AI sector, though some Wall Street analysts say the correction does not alter the company’s long-term standing in AI data centers. UBS sharply raised Arm’s price target from $260 to $470, retaining its Buy rating; TD Cowen lifted its target from $265 to $475, also keeping a Buy recommendation. Both firms share the view that as agentic AI evolves, CPUs could gain greater importance in data center architectures, rather than GPUs continuing to monopolize the investment narrative. TD Cowen believes that over the long term, CPUs could hold a more strategic position in certain AI workloads. UBS, meanwhile, emphasizes that the real debate in the market centers on the revenue potential of Arm’s self-developed or independent CPU business. The bank projects Arm’s CPU-related revenue could reach around $14 billion by 2030, though the company itself has stated this business will not have a material impact on its finances until fiscal 2028. Arm’s strengths lie in low latency and energy efficiency—metrics that major cloud providers are increasingly prioritizing as they expand AI infrastructure. Even with its stock pulling back from recent highs in the short term, analysts still view Arm as one of the key beneficiaries of the server CPU upgrade cycle.

6 minutes ago

Crypto whale who profited over $23.77 million from BAT ICO liquidates 27,586 ETH

According to monitoring by Yu Jing, a whale that earned $23.77 million from participating in the BAT ICO sold 15,000 ETH (valued at roughly $24.29 million) two hours ago. The whale has now fully liquidated all 27,586 ETH it received from selling 35 million BAT on-chain over the past day and a half, converting the proceeds into 44.836 million USDS at an average selling price of $1,625.

6 minutes ago

Sources: Iraqi officials once considered withdrawing from OPEC, but current plans are to remain a member and pursue a higher quota.

A senior Iraqi oil ministry official said that if OPEC quotas are not significantly increased, Iraq will be forced to consider all available options. Sources said Iraqi officials had considered withdrawing from OPEC, but the current plan is to remain a member and push for higher quotas. (Jinshi)

6 minutes ago

Kepler Cheuvreux raises ASML’s European share price target from €1,460 to €1,830.

Kepler Cheuvreux has raised the target price for ASML’s European shares from €1,460 to €1,830.

6 minutes ago

USDOJ: CEO of Digital Asset Company SafeMoon Sentenced to 100 Months in Prison for Multi-Million Dollar Crypto-Fraud Scheme

In brief SafeMoon CEO Braden Karony was sentenced to 100 months in prison for his role in a crypto fraud scheme surrounding the SFM token. Karony was also ordered to forfeit $7.5 million for his crimes. One co-conspirator is awaiting sentencing, while another is still at large. SafeMoon CEO Braden John Karony was sentenced to 100 months in prison Tuesday by District Judge Eric Komitee of the Eastern District of New York for his role in a scheme that defrauded investors in the SafeMoon (SFM) token. 

Karony, who could have faced up to 45 years in prison, was convicted last May on conspiracy to commit securities fraud, wire fraud, and money laundering. In addition to the sentence, Karony was ordered to forfeit $7.5 million, with victim restitution still to be determined.

His defense noted Karony’s still-developing brain, his parents' service to the country, and his kindness, according to courtroom reporting from Inner City Press. The pleading apparently landed on deaf ears, though his sentence—8 years and 4 months—falls short of the government’s requested 12-year sentence for his crimes. 

“Karony lied to investors from all walks of life—including military veterans and hard working-Americans—and defrauded thousands of victims in order to buy mansions, sports cars, and custom trucks,” stated United States Attorney Joseph Nocella, in a statement. “Today’s sentence demonstrates that there are significant consequences for financial crimes.” 

SafeMoon grew to around an $8 billion market cap in 2021 using a 10% transaction tax mechanic designed to benefit holders. From that tax, half was designed to automatically redeploy to token holders, while the other half was supposed to enter liquidity pools to strengthen trading of the asset. 

But Karony was found to have diverted and misappropriated funds designed for those liquidity pools, defrauding investors in the token by maintaining access to what they thought were “locked” tokens.

“He deceived investors, using their funds to lavishly expand his portfolio with million-dollar homes and luxury cars,” IRS-CI New York Special Agent in Charge Harry Chavis said in a statement. “By employing complex transactions to obscure the movement of these illicit proceeds, Karony acquired over $9 million in crypto assets.” 

Karony and his co-conspirator Thomas Smith were originally charged in 2023 and hit with a civil suit from the SEC as well. Smith pleaded guilty to conspiracy to commit securities fraud and wire fraud, and is awaiting sentencing.

A third alleged co-conspirator, Kyle Nagy, remains at large according to the United States Attorney’s Office of the Eastern District of New York.

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Two of the most prominent crypto fraud cases in the U.S. courts moved in different directions today, 10 February.

In one case, the former chief executive of SafeMoon received a prison sentence following conviction. In another, Sam Bankman-Fried, the former head of collapsed exchange FTX, filed a fresh bid seeking to reopen his case.

SafeMoon CEO sentenced after victim testimony A federal judge in New York sentenced John Karony, the former CEO of SafeMoon, to 100 months in prison, according to courtroom reporting by Inner City Press.

During the sentencing hearing, multiple victims described how they invested in SafeMoon after being reassured by Karony’s public statements and personal engagement with the community. 

Several said the losses reshaped their financial futures, preventing home purchases and affecting education plans.

U.S. prosecutors sought a 12-year sentence, arguing Karony deliberately misled investors and showed no remorse. The defense cited his age and background to mitigate the punishment. 

The judge rejected those arguments, describing the scheme as “a massive fraud” and stating it was “more like theft than fraud,” emphasizing that investors had been explicitly assured there would be no rug pull.

The sentence marks a final chapter in one of the most widely followed cases to reach U.S. courts.

SBF files long-shot motion for new trial In a separate development, Bankman-Fried filed a pro se motion seeking a new trial on his FTX fraud conviction, according to Bloomberg. 

The filing, dated 5 February and docketed Tuesday in Manhattan federal court, argues that new witness testimony could undermine the government’s case.

The request is separate from Bankman-Fried’s formal appeal. It comes after a federal appeals court rejected his attempt to secure release while that appeal is pending. 

The Second Circuit ruled in December that he had not demonstrated a substantial likelihood of success.

Bankman-Fried was convicted in November 2023 on seven counts of fraud and conspiracy and sentenced in March 2024 to 25 years in prison. 

Prosecutors said he misappropriated billions of dollars in FTX customer funds to support risky trading at Alameda Research, political donations, and luxury real estate purchases.

Cases enter different phases Together, the two developments highlight how high-profile crypto prosecutions are diverging in 2026. 

While the SafeMoon case has reached sentencing, delivering closure for victims, the FTX case continues to generate procedural filings as its former executive pursues post-conviction relief.

Final Thoughts The SafeMoon sentencing reflects courts moving toward final judgments in retail-focused crypto fraud cases. Bankman-Fried’s filing underscores how larger cases can remain active for years through appeals and post-conviction motions.

What Did the Court Decide? Braden John Karony, the former chief executive of SafeMoon US LLC, has been sentenced to just over eight years in federal prison after prosecutors said he deceived investors and diverted millions of dollars in digital assets for personal use. The sentence was handed down following his conviction on multiple fraud-related charges.

According to a statement from the U.S. Attorney’s Office for the Eastern District of New York, Karony was also ordered to forfeit roughly $7.5 million and two residential properties. Prosecutors said he obtained about $9 million in crypto assets and used portions of those funds to purchase a $2.2 million home in Utah, along with luxury vehicles including an Audi R8, a Tesla, and a custom Ford F-550.

Karony, 29, was convicted by a federal jury in May on charges of conspiracy to commit securities fraud, wire fraud, and money laundering. The case centers on the operation and promotion of the SafeMoon token, which at its peak in 2021 reached a market capitalization of more than $8 billion.

Investor Takeaway The SafeMoon case reinforces how token design and fee mechanics can become legal liabilities when disclosures diverge from actual fund usage.

How Did the SafeMoon Token Structure Work? SafeMoon was promoted as a community-driven token with built-in incentives for long-term holding. Every transaction was subject to a 10% fee, automatically applied whenever tokens were transferred between users, prosecutors said.

As presented to investors, that 10% fee was divided into two equal parts. One 5% portion was redistributed to existing holders, while the remaining 5% was directed to liquidity pools intended to support trading and price stability. Project materials described part of this liquidity as “locked,” creating the impression that the funds could not be accessed by insiders.

U.S. prosecutors said those representations did not match reality. In court filings, they alleged that Karony and his co-conspirators diverted millions of dollars from the liquidity pool despite assurances given to investors that the funds were restricted. That diversion, prosecutors said, enabled personal spending rather than serving the stated purposes of the token’s design.

The case highlights how tokenomics, often marketed as automated and trust-minimized, can still rely heavily on centralized control behind the scenes. When that control is abused, the legal consequences can mirror those seen in traditional securities fraud cases.

What Did Prosecutors and Investigators Say? Federal authorities framed the case as a straightforward example of investor deception rather than a technical dispute over crypto regulation. In the statement announcing the sentence, FBI Assistant Director in Charge James Barnacle said Karony exploited his role as chief executive to enrich himself at the expense of token holders.

“Not only did Braden John Karony abuse his position as CEO, but he also betrayed his investors’ trust by stealing more than nine million dollars in digital assets from his company to fund his lavish lifestyle,” Barnacle said.

The prosecution relied on transaction records, internal communications, and blockchain analysis to trace how funds moved from purportedly restricted pools to wallets under the control of Karony and others. Those records were used to link investor fees directly to personal purchases.

The approach reflects a broader enforcement pattern in crypto cases, where authorities focus less on abstract questions about whether a token is a security and more on whether statements made to investors were accurate and whether funds were used as described.

Investor Takeaway Regulators are treating misrepresentation and misuse of token fees in much the same way as traditional financial fraud, regardless of blockchain branding.

What Happens to Other Defendants? The SafeMoon case involved multiple individuals. Prosecutors said Thomas Smith, identified as a co-conspirator, pleaded guilty in February 2025 and is awaiting sentencing. Another alleged participant, Kyle Nagy, remains at large, according to court records.

The staggered outcomes reflect the differing roles and cooperation levels among defendants. Guilty pleas and cooperation agreements often result in separate sentencing timelines, while defendants who remain outside U.S. jurisdiction can delay full resolution of a case.

For the broader crypto market, the sentencing closes one chapter of a high-profile collapse that drew intense retail interest during the last market cycle. SafeMoon became a case study in how rapidly token valuations can rise on social momentum and marketing, and how quickly they can unravel once governance and fund flows come under scrutiny.

What Does the Case Mean for Crypto Enforcement? The Karony sentence adds to a growing list of criminal cases tied to digital asset projects that raised large sums from retail investors. U.S. authorities have increasingly leaned on fraud, wire fraud, and money laundering statutes rather than crafting new crypto-specific criminal charges.

That approach lowers the threshold for enforcement. Prosecutors do not need to resolve unsettled regulatory debates about token classification if they can show that investors were misled and funds were diverted. As a result, founders and executives face exposure not just from regulators, but from criminal courts.

PANews reported on February 11 that, according to The Block, the U.S. Attorney's Office for the Eastern District of New York announced on Tuesday that former SafeMoon CEO Braden John Karony was sentenced to more than eight years in prison for defrauding investors and had approximately $7.5 million and two residential properties forfeited. The 29-year-old Karony was convicted by a federal jury in May of securities fraud, wire fraud, and conspiracy to commit money laundering. Prosecutors stated that he misled investors through false advertising, illegally misappropriating over $9 million in project funds to maintain a lavish lifestyle, including purchasing a $2.2 million Utah residence, an Audi R8 sports car, a Tesla, and a custom Ford F-550 truck.

The SafeMoon project issued its tokens in 2021, at one point reaching a market capitalization exceeding $8 billion. Its transactions included a 10% tax mechanism, half of which was supposed to be injected into a liquidity pool. However, prosecutors allege that Karony and his accomplices fraudulently transferred millions of dollars from this pool for personal use. His accomplice, Thomas Smith, pleaded guilty in February 2025 and is awaiting sentencing; another accomplice, Kyle Nagy, remains at large.

Ex SafeMoon CEO Braden Karony has received a 100-month sentence for stealing millions in customer funds and using them for personal gains.

A United States District Judge passed the sentencing in a Brooklyn federal court on Monday. Karony was convicted last year in May, when a federal jury found him guilty of conspiracy to commit securities fraud, wire fraud, and money laundering.

Besides the prison term, Karony has been asked to forfeit $7.5 million and two residential properties. He would also be required to pay restitution for the damages caused, but the exact amount had not been determined.

“Karony lied to investors from all walks of life—including military veterans and hard working-Americans—and defrauded thousands of victims in order to buy mansions, sports cars, and custom trucks,” U.S. Attorney Joseph Nocella, Jr said in an accompanying statement.

Karony and company misled investors Karony and his co-conspirators—Thomas Smith, who served as SafeMoon’s chief technology officer, and Kyle Nagy, the project’s creator—had orchestrated a major fraud and managed to defraud over a million investors. According to details submitted in court, they imposed a 10% tax on every transaction, marketing it as a mechanism to support liquidity pools that were supposedly locked to prevent fund withdrawals by insiders.

Federal prosecutors were able to prove that the defendants maintained secret access to these pools and were effectively using them as a slush fund to finance their lavish lifestyle.

The SafeMoon token (SFM) at one point managed to reach a market capitalization of over $8 billion during the 2021 crypto boom, but subsequently crashed more than 98% after the exposure of the fraud and the bankruptcy of the company in late 2023.

Smith pleaded guilty in February 2025 and testified against Karony in a deal that led to his sentencing. Meanwhile, Nagy remains at large, with some reports suggesting he may have fled to Russia.

11.02.2026 - 08:55

Update: 11.02.2026 - 08:55

A US court has announced it has sentenced Braden John Karony, the former CEO of the cryptocurrency project SafeMoon, to eight years in prison.

Braden John Karony, the former CEO of cryptocurrency company SafeMoon (SFM), was on trial for securities fraud, electronic fraud, and money laundering for embezzling millions of dollars worth of SFM tokens between 2021 and 2022.

The court ruling determined that Karony embezzled millions of dollars by manipulating the token price and illegally controlling liquidity pools at the bankrupt Utah-based company SafeMoon.

The court stated that as a result of the trial, Karony was sentenced to 100 months in prison, ordered to pay $7.5 million in restitution, and had two of his properties confiscated.

U.S. Attorney General Joseph Nocella stated, “Karony lied to investors from all walks of life, including military veterans and hardworking Americans, and defrauded thousands of victims into buying mansions, sports cars, and custom-built trucks. Today’s sentencing demonstrates the significant consequences of financial crimes. Our office will continue to vigorously prosecute economic crimes that harm investors and undermine public confidence in the stability and security of digital asset markets.”

FBI Deputy Director James C. Barnacle, Jr. stated, “Braden John Karony not only abused his position as CEO, but also violated the trust of his investors by stealing more than nine million dollars in digital assets from his company to finance his lavish lifestyle.”

Aside from CEO Braden John Karony, co-founder Thomas Smith, who is also facing charges of the same crimes, pleaded guilty in February 2025 to participating in a conspiracy to commit securities fraud and electronic fraud, but his sentence has not yet been determined. Another partner, Kyle Nagy, is reportedly currently at large.

*This is not investment advice.

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CROWDFUNDINSIDER: Former SafeMoon Executive Faces Lengthy Prison Term for Cryptocurrency Scam

In this week’s edition of the weekly recap, Sam Bankman-Fried appeared to implement a documented media playbook from prison, former SafeMoon CEO Braden Karony received a 100-month sentence, and Strategy introduced perpetual preferred shares to fund Bitcoin purchases.

Bankman-Fried executes documented media approach Court records and recent prison communications indicate the convicted FTX founder is implementing a media strategy outlined in a January 15, 2023 Google document created shortly after his arrest. The document detailed 12 tactics Bankman-Fried considered to generate favorable media coverage following his indictment, arrest, extradition, and arraignment. Recent communications show Bankman-Fried shifting politically rightward and praising Trump’s cryptocurrency policies. SafeMoon executive sentenced to prison Former CEO Braden Karony received a 100-month sentence Monday in Brooklyn federal court for stealing millions in customer funds and using them for personal enrichment. A federal jury convicted Karony in May of last year on charges including conspiracy to commit securities fraud, wire fraud, and money laundering. Strategy introduces variable dividend preferred stock The Bitcoin (BTC) treasury company is expanding its use of preferred stock to fund cryptocurrency purchases while reducing exposure to market volatility. CEO Phong Le told Bloomberg in a February 12 interview that the company is offering perpetual preferred shares branded “Stretch” to attract investors seeking digital asset exposure without extreme price fluctuations. The product pays a variable dividend adjusted monthly, providing an alternative financing mechanism for the company’s ongoing Bitcoin accumulation strategy. Grayscale files AAVE ETF application The investment firm reportedly submitted an S-1 application to the Securities and Exchange Commission for an AAVE spot exchange-traded fund according to regulatory filings. The filing follows increased attention to AAVE, a decentralized finance protocol, after a governance vote on decentralizing its operational structure received community support. Kalshi partners with sports insurance broker The prediction market platform announced collaboration with sports insurance broker Game Point Capital and made an entry into the sports insurance market according to CEO Tarek Mansour. The partnership targets the fast-growing sports insurance and reinsurance industry, currently valued at approximately $9 billion annually and projected to double by 2030. Binance launches prepaid card in CIS markets The exchange introduced its prepaid Mastercard crypto card in several Commonwealth of Independent States countries. The card offers instant crypto-to-fiat payments and cashback rewards according to marketing lead Anka Tsintsadze’s Friday confirmation. South Korean police lose custody Bitcoin Gangnam Police Station confirmed Friday that 22 Bitcoin worth approximately ₩2.1 billion (roughly $1.6 million) were lost from police custody. The Bitcoin was voluntarily surrendered by suspects during a 2021 investigation and held in custody since then. Robinhood debuts layer-2 testnet The trading platform launched a public testnet version of its proprietary layer-2 network developed using Arbitrum’s technology stack. Robinhood Chain is currently accessible to a closed group of partners and developers who can experiment with integration, access points, and documentation. Hoskinson clarifies Midnight privacy strategy Cardano founder Charles Hoskinson stated Thursday at Consensus Hong Kong that privacy-focused blockchain Midnight doesn’t plan to recruit Monero and ZCash users, calling them a “different demographic” already caring deeply about privacy. Midnight will instead target “billions of people that don’t know they need privacy” with default privacy protection rather than optional features. BitMine continues Ethereum accumulation The company added 40,613 Ethereum (ETH) valued at approximately $83.2 million to its industry-leading Ethereum holdings last week despite unrealized losses currently sitting near $7.5 billion. Total holdings reached 4,325,738 Ethereum worth over $8.8 billion, representing about 3.58% of circulating ETH supply. Chairman Tom Lee stated “BitMine has been steadily buying Ethereum, as we view this pullback as attractive, given the strengthening fundamentals.” Strategy maintains Bitcoin purchases despite losses Strategy announced Monday it acquired an additional 1,142 Bitcoin last week even as its nearly $50 billion holdings remain underwater following last week’s cryptocurrency market plunge. The firm purchased coins for approximately $90 million total, with a cost basis of $78,815 per Bitcoin.

Table of contents

Quick Answer: SafeMoon V2 (SFM) is currently trading around $0.0000027–$0.0000031, with a market cap of approximately $1.6–$1.9M and virtually zero daily trading volume. The original SafeMoon company filed for Chapter 7 bankruptcy in December 2023; CEO John Karony was convicted on all fraud charges in May 2025. The token’s assets were acquired by the VGX Foundation, which continues operating the wallet and technology under new management. SFM remains an extreme high-risk, speculative asset trading over 99.9% below its all-time high. Third-party forecasts for 2026 range from $0.0000139 to $0.001, reflecting the wide uncertainty around the project’s survival.

Key Takeaways SFM is trading ~99.9%+ below its ATH of $0.0034 and has a market cap of just ~$1.6–$1.9M in June 2026 Former CEO John Karony was convicted on securities fraud, wire fraud, and money laundering charges on May 21, 2025; CTO Thomas Smith pleaded guilty in February 2025; founder Kyle Nagy remains at large In December 2023, SafeMoon LLC filed for Chapter 7 bankruptcy after SEC charges; VGX Foundation acquired the assets through a public auction CoinCodex projects SFM reaching ~$0.0000244 by end of 2026 (+76%); BitScreener targets ~$0.000111 for 2026 Daily trading volume is minimal (~$1,600–$3,700), making SFM highly illiquid and vulnerable to extreme volatility The VGX Foundation has committed to token deflation and rebuilding community trust, but execution risk remains very high SFM Price & Market Overview MetricValuePrice (June 2026)~$0.0000027–$0.0000031Market Cap~$1.6–$1.9M24h Volume~$1,600–$3,700All-Time High$0.0034 (January 5, 2022)All-Time Low$0.00000188ATH Drop~99.9%+Circulating Supply~610–614B SFMMax Supply1 Trillion SFMCMC Ranking~#2,600–#6,000 Sources: CoinGecko, CoinMarketCap

What Is SafeMoon (SFM)? SafeMoon launched on March 8, 2021 on the Binance Smart Chain (BNB Chain) as a “fair launch” token — developers burned all their allocated tokens and participated in the public sale alongside regular buyers. The project marketed itself as a DeFi protocol that incentivizes long-term holding through a 10% transaction tax: 5% redistributed to existing holders (reflection mechanism) and 5% directed to a liquidity pool in BNB tokens.

At its peak in April 2021, SafeMoon’s market capitalization exceeded $5.7 billion, driven almost entirely by influencer promotion and viral social media momentum. The token surged over 55,000% between March 12 and April 20, 2021, before plunging ~50% in a single day when the public learned that SafeMoon’s liquidity pool was not locked as claimed.

SafeMoon V2 launched in December 2021 as a token migration at a 1:1000 consolidation ratio, with a maximum supply of 1 trillion SFM. The network subsequently migrated from BNB Chain to the Solana blockchain.

Key products included:

SafeMoon Wallet — a multi-currency crypto wallet SafeMoon Swap — a decentralized exchange SafeMoon Connect — a browser extension and Web3 connection tool SafeMoon’s Legal History: The Fraud Case SafeMoon’s trajectory from 2023 onward was dominated by its fraud case — facts that any investor must understand before considering exposure to SFM:

March 2023: A network upgrade introduced a bug in SafeMoon’s smart contract, compromising the liquidity pool and resulting in the loss of approximately $8.9 million in SFM tokens.

November 2023: The SEC and DOJ simultaneously charged SafeMoon LLC, creator Kyle Nagy, CEO John Karony, and CTO Thomas Smith with conspiracy to commit securities fraud, wire fraud, and money laundering. The SEC alleged misappropriation of over $200 million from the project’s liquidity pool, which executives used for luxury cars, homes, and personal expenses — despite publicly claiming the funds were locked and inaccessible.

December 2023: SafeMoon US LLC filed for Chapter 7 bankruptcy (liquidation). The VGX Foundation subsequently acquired the SafeMoon Wallet, technology, and brand assets through a public bankruptcy auction.

February 2025: CTO Thomas Smith pleaded guilty to conspiracy to commit securities and wire fraud, cooperating as a witness against Karony.

May 21, 2025: CEO John Karony was convicted on all three counts — conspiracy to commit securities fraud, wire fraud, and money laundering — by a federal jury in Brooklyn. Kyle Nagy remains at large.

The FBI continues to seek victims for restitution proceedings.

SafeMoon Under VGX Foundation (2024–2026) Following the bankruptcy, the VGX Foundation acquired SafeMoon’s assets and has been working to rebuild under new management. Key developments:

Commitment to a token deflation program — reducing circulating SFM supply through burns to increase scarcity Continued operation of the SafeMoon Wallet platform Migration to Solana blockchain for faster, cheaper transactions Plans for a decentralized exchange and DeFi products, targeting 2027 Whether VGX Foundation can restore meaningful utility and trust to the SFM token remains deeply uncertain. Trading volumes in 2026 remain near zero on most days, suggesting minimal community engagement.

How Does SFM Compare to Similar High-Risk Tokens? TokenMarket Cap (June 2026)ATH DropKey RiskSafeMoon V2 (SFM)~$1.9M~99.9%Fraud history, near-zero liquidityKishu Inu (KISHU)~$18M~99%+No utility, high supplyShiba Inu (SHIB)Multi-billion~85–90%Meme coin dependencyPEPE~$1–2B~80%+Meme coin, high volatility SFM’s market cap of ~$1.9M places it in the extreme micro-cap tier — smaller than most meaningful DeFi projects by several orders of magnitude. Unlike Kishu Inu (KISHU) or Shiba Inu, SFM carries the additional burden of a completed criminal fraud prosecution and bankruptcy. See our price prediction category for analysis of other high-risk tokens.

SafeMoon Price Prediction 2026 Near-term forecasts for SFM in 2026 must be interpreted in the context of near-zero liquidity — small buy orders can move the price dramatically, making technical models unreliable.

CoinCodex projects SFM reaching approximately $0.0000244 by end of 2026, representing a +76% gain from current levels. Monthly projections show a potential peak near $0.000038 in mid-2026 before consolidation.

BitScreener is more optimistic, projecting SFM trading in a range of $0.000026–$0.000111 for 2026, closing the year near $0.000096–$0.000111.

DigitalCoinPrice projects SFM in a range of $0.0000133–$0.0000155 by end of 2026 — more conservative and closer to current trading levels.

Margex cites Software Testing Help forecasts placing SFM at $0.0082–$0.0093 for 2026 — significantly higher than other platforms and dependent on a major community revival.

WalletInvestor has historically rated SFM as a poor investment with downside risk.

Source2026 Low2026 Average2026 HighCoinCodex~$0.000014~$0.0000244~$0.000038BitScreener$0.000026~$0.000096$0.000111DigitalCoinPrice$0.0000133~$0.0000147$0.0000155Margex/STH$0.0082~$0.0089$0.0093 All figures are third-party estimates. Not investment advice.

SafeMoon Price Prediction 2027 For 2027, forecasts remain highly speculative. Any upside would depend on VGX Foundation executing on its DeFi roadmap and Solana ecosystem momentum.

CoinCodex projects SFM peaking near $0.0000242 in early 2027 before declining to around $0.0000167 by year-end, as post-speculation correction sets in.

DigitalCoinPrice projects SFM in a range of $0.0000182–$0.0000222 for 2027.

BitScreener forecasts $0.00076–$0.00098 for 2027, reflecting a bull case that requires significant exchange relisting and community growth.

Margex projects a maximum of $0.015 and minimum of $0.009 for 2027.

2027 Range (consensus): $0.0000167 – $0.0000242 (base case); higher if VGX roadmap delivers

SafeMoon Price Prediction 2028–2029 Medium-term models for SFM carry extreme uncertainty.

CoinCodex models SFM in the $0.0000139–$0.0000158 range through most of 2028, with gradual appreciation toward $0.0000157 by year-end.

BitScreener projects a trading range of $0.000026–$0.00075 for 2028.

CoinMarketCap Academy (older model) forecasts SFM reaching $0.002 by 2028 and $0.003 by 2029 — extremely bullish and contingent on full project recovery.

SafeMoon Price Prediction 2030 By 2030, the majority of forecasts assume either gradual appreciation under VGX management or continued irrelevance — with the bear case being near-zero.

CoinCodex projects SFM at approximately $0.0000340 by 2030 (+145% from current levels), reflecting a slow compounding scenario.

BitScreener forecasts a 2030 target of $0.000143–$0.000261, representing a 50–100x from current prices — requiring dramatic improvement in token utility and community.

CoinMarketCap Academy projects a maximum of $0.005 by 2030 under their most optimistic model.

Margex projects SFM trading between $0.002143 and $0.002613 by 2030.

YearLowAverageHighSource2026$0.0000133$0.0000147$0.0000155DigitalCoinPrice2026$0.000026~$0.000096$0.000111BitScreener2027$0.0000182~$0.0000222$0.0000242CoinCodex/DCP2028——$0.002CMC Academy2030$0.000143—$0.000261BitScreener2030$0.002143—$0.002613Margex All predictions are third-party estimates. Not investment advice.

SafeMoon Price Prediction 2040 Long-term forecasts for SFM by 2040 are entirely speculative.

CoinCodex projects SFM reaching approximately $0.000077 by 2040, implying continued slow appreciation but far below prior highs.

BitScreener forecasts $0.000318 by 2040 under a bull scenario.

CoinCodex (SAFEMOON on Solana variant) projects $0.000317 by 2040 and $0.001106 by 2050.

Any 2040 upside scenario requires SFM to survive as a going concern under VGX management, grow genuine utility, and benefit from multiple crypto bull cycles — a long list of conditions given the project’s current micro-cap status and legal baggage.

Where to Buy SafeMoon (SFM) SFM is available on a limited number of platforms due to its micro-cap status and legal history:

Gate.io — Listed with SFM/USDT pair; currently one of the more active markets BitMart — Has listed SFM following VGX Foundation’s acquisition milestones LBank — Listed SFM with small trading volumes Bybit — SFM is tracked on Bybit; verify current trading availability Uniswap / Solana DEXs (Jupiter, Raydium) — SFM is tradeable on Solana DEXs using its contract address; check official SafeMoon/VGX channels for the current verified contract Important: Binance, Coinbase, Kraken, KuCoin, and OKX do not currently list SFM for trading. Always verify the contract address through official channels — fake SFM tokens are common. The FBI is actively seeking SafeMoon fraud victims; if you purchased SFM before 2023 and suffered losses, you may be eligible to participate in restitution proceedings.

Frequently Asked Questions What is SafeMoon (SFM)? SafeMoon V2 (SFM) is a deflationary token originally launched in March 2021 on BNB Chain, featuring a 10% transaction tax for holder redistribution and liquidity generation. The original company filed for Chapter 7 bankruptcy in December 2023 following SEC and DOJ fraud charges. Its assets were acquired by the VGX Foundation, which continues operating the SafeMoon Wallet and token on the Solana blockchain. CEO John Karony was convicted on all fraud charges in May 2025.

What is the SafeMoon price prediction for 2026? Third-party forecasts for SFM in 2026 range widely due to near-zero liquidity. CoinCodex projects ~$0.0000244, DigitalCoinPrice models $0.0000133–$0.0000155, and BitScreener targets up to $0.000111. Margex cites Software Testing Help estimates of up to $0.0093. All models carry extreme uncertainty given SFM's micro-cap status (~$1.9M market cap) and minimal daily volume.

What happened to SafeMoon? SafeMoon's original company (SafeMoon LLC) was charged by the SEC and DOJ in November 2023 with securities fraud, wire fraud, and money laundering. Executives misappropriated over $200 million from the liquidity pool. The company filed for bankruptcy in December 2023. CTO Thomas Smith pleaded guilty in February 2025. CEO John Karony was convicted on all charges in May 2025. The VGX Foundation acquired SafeMoon's assets through a bankruptcy auction and continues operating under new management.

Is SafeMoon a good investment? SafeMoon carries some of the highest risks in the crypto market: a completed criminal fraud prosecution, Chapter 7 bankruptcy, near-zero trading volume (~$1,600/day), a market cap of ~$1.9M, and a price 99.9% below its ATH. While the VGX Foundation represents a new chapter, execution risk is extreme and liquidity is too thin for meaningful position sizing. Investors should treat SFM as a high-risk speculative position and only allocate capital they can afford to lose entirely.

Where can I buy SafeMoon in 2026? SFM is available on Gate.io, BitMart, LBank, and Solana DEXs (Jupiter, Raydium). It is not listed on major exchanges like Binance, Coinbase, or Kraken. Always verify the contract address via official VGX Foundation or SafeMoon channels before purchasing, as copycat tokens are common.

Following a wave of heavy selling in the cryptocurrency market, XRP is attempting to stabilize near the $1.10 mark, aiming to form a short-term bottom after what is described as one of the major pullbacks of 2026. The asset, having dipped below major support lines and exited a multi-month trading range, continues to face downward pressure despite some signs of recovery.

Key levels to watch in XRPXRP recently lost its $1.28 support level, which had served as a key floor for most of March, April, and May. This breakdown accelerated selling, dragging the price down to recent lows around $1.05. Despite a brief rebound, the recovery was limited, indicating that market participants remain cautious even as the price attempts to rally.

Technical indicators reveal that significant resistance areas remain above the current price. The 50-day moving average stands at $1.20, while the 100- and 200-day averages are positioned at $1.28 and $1.35 respectively, reflecting an ongoing advantage for sellers in the broader trend. For a more meaningful turnaround, analysts note that XRP would need to reclaim these levels as new support zones.

Trading volume has shown a more balanced signal. There was a notable spike in volume during the initial breakdown, suggesting that much of the selling may have played out during that phase. As panicked selling has eased, volumes have gradually returned to normal, while the Relative Strength Index (RSI) is now attempting an upward move after exiting oversold territory.

While the downward momentum in XRP has waned compared to the first wave of selling, this alone does not confirm a lasting trend reversal.

In the near term, investors are closely watching the $1.20 level. A sustained move above this threshold could open the door to a broader rebound toward $1.28, while failure to break higher keeps the risk of revisiting recent lows on the table.

Dogecoin nears $0.10 thresholdDogecoin, despite a persistent bearish outlook, is at a price point that has drawn renewed attention from long-term investors. The so-called “zero deletion rally” in market jargon refers to the psychologically important $0.10 level, but current data suggest that such a move is not imminent.

DOGE is trading near $0.084, having recently fallen below a rising support trend that had held since February. This prompted another wave of selling, but sellers did not push the price significantly below $0.08, indicating that some buying interest remains at lower levels.

Technically, the outlook remains weak. DOGE continues to trade under its 50-, 100-, and 200-day moving averages, with the 50-day average at approximately $0.089 serving as nearby resistance. Higher up, the $0.098 and $0.114 levels are key to monitor. Following a near-oversold reading, the RSI has steadied, while previously elevated selling volumes suggest that weaker hands may have already exited.

Mini glossary: A “zero deletion rally” refers to a price move where a digit shifts upward in the decimal structure, crossing a psychological milestone. In Dogecoin’s case, this term is used for a return above $0.10.

Shiba Inu faces ongoing downward riskThe technical backdrop for Shiba Inu continues to look fragile. Although overall crypto markets have found some footing after recent volatility, SHIB remains one of the weaker major meme coins, with several indicators signaling that downside risk is still elevated.

A multi-month ascending channel that had formed since March has now been decisively broken to the downside, erasing prior recovery attempts and sparking a new round of selling. Since then, SHIB has struggled to generate enough buying interest for a significant rebound.

Trading around $0.0000047, SHIB is positioned under all key moving averages, with the 50-day at $0.0000050 and the 100- and 200-day averages at $0.0000055 and $0.0000057 respectively. The emerging minor rising wedge formation following the recent drop is under scrutiny, as such patterns often resolve lower in broader downtrends.

Despite recent attempts at a rally, modest buying volume in SHIB suggests the uptick may be driven more by short-covering than sustained accumulation.

While the Relative Strength Index has recovered from early-month oversold levels, it remains below the neutral 50-point mark. In the short run, holding above $0.0000050 and reclaiming the 50-day moving average are considered pivotal for SHIB. Otherwise, there is risk of a fresh move toward recent lows.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Chinese on-chain sources have reminded the market of one unpleasant but now more important than ever factor for the Shiba Inu (SHIB) token and its price: the whale known as "$13,752 purchased 103 trillion SHIB" on Arkham, also referred to as the "top SHIB donor". The trigger was a transfer of nearly 600 billion tokens, equivalent to $2.83 million, to the ForwarderV4 address.

This transaction launched a continuous chain of profit-taking, which has already cost investors a 14.5% decline in the SHIB price over the past month. Observers from EmberCN are sounding the alarm: the anonymous wallet has started systematically unloading assets accumulated at the very beginning of the project, when in August 2020 it bought 17.4% of the entire market supply, or 103 trillion SHIB, for a symbolic 37.8 ETH, worth about $13,752.

"Top SHIB donor" whale latest transfers with Shiba Inu (SHIB), Source: ArkhamAt the peak of the 2021 bull run, this position was valued at an astronomical $9.1 billion, but for all these years the whale had been 'sitting on the bags' without moving them.

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Is the SHIB accumulation era over? The situation changed after 3.8 trillion SHIB flowed into the market through the ForwarderV4 gateway over the past 30 days. In one month, the large seller withdrew and converted into cash more than $20.73 million, simply overwhelming exchange order books and leaving retail investors wondering if it is time to sell.

The overhanging supply is still pressuring the market, as the wallet still holds 96.27 trillion SHIB, worth around $457 million, as dead weight.

Weekly chart of the SHIB/USDT pair, Source: TradingViewThe market's reaction to this hidden dump is clearly visible on the fresh weekly chart of the SHIB/USDT pair. The current weekly candle has literally broken through the floor, falling below the prolonged consolidation range and refreshing multi-year lows.

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The technical picture confirms the concerns of on-chain analysts: the price has dropped below the main liquidity node, leaving all trading volume above. This indicates that major buyers have removed their limit orders and are not ready to defend the asset at current levels.

The situation is worsened by the relative strength index (RSI), which remains stuck deep in bearish territory below the 50 level and continues to fall, signaling a complete lack of buying momentum. Any new transfers to the ForwarderV4 address risk finally crushing SHIB's chances of a price recovery.

On-chain analytics sources report that a well-known large Shiba Inu wallet has re-emerged as a major player in the market. The wallet, dubbed the “biggest SHIB distributor,” recently transferred nearly 600 billion SHIB to the ForwarderV4 address, fueling increased selling pressure. The value of this latest transaction was calculated at $2.83 million.

Large wallet’s renewed selling activity draws attentionAccording to an analysis shared by EmberCN, the anonymous wallet has begun systematically reducing its holdings acquired during Shiba Inu’s early days. Data shows that this wallet purchased 103 trillion SHIB in August 2020 for 37.8 ETH, worth about $13,752 at the time, representing 17.4% of the total supply.

Shiba Inu, created on the Ethereum blockchain, gained traction as a meme coin particularly popular among retail investors. The wallet in question has long been watched by the market due to its sizeable SHIB balance.

EmberCN notes that in the past 30 days, this wallet has transferred 3.8 trillion SHIB to the market via ForwarderV4, resulting in more than $20.73 million in total outflows in just one month.

During the bull run of 2021, the holdings in this wallet peaked at $9.1 billion. Despite remaining inactive for years, the wallet has recently resumed regular transfers and is now once again active in the market.

Market analysts suggest that the selling pressure is not yet over, as the same wallet still holds 96.27 trillion SHIB. At current prices, this stash is valued at approximately $457 million.

IndicatorDataInitial purchase amount103 trillion SHIBInitial purchase cost37.8 ETH, about $13,752Latest transferApproximately 600 billion SHIB30-day total outflow3.8 trillion SHIBRemaining wallet balance96.27 trillion SHIBSelling pressure deepens on the chartPrice action has closely mirrored on-chain data. On the SHIB/USDT weekly chart, the token dropped below a long-standing horizontal support range, reaching new multi-year lows. Over the past month, SHIB has fallen 14.5%, further confirming its bearish trend.

The technical outlook shows that SHIB’s price has broken below its main liquidity zone. Despite heavy trading at higher levels, buyers have not shown strong support at current prices.

Analysts highlight that the relative strength index has remained below 50 and continues its downward trajectory. This pattern signals subdued buying appetite, and additional SHIB transfers to the ForwarderV4 address could make any recovery even more challenging.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

The shiba inu price prediction caught a fresh signal on June 19 after BSCN data verified that 1.101 trillion SHIB tokens left Binance reserves between May 1 and June 1, the sharpest exchange drawdown the meme coin has logged this year, while Bitcoin and Ethereum balances climbed across the same window per CoinPedia. SHIB trades at $0.000004559 with the meme coin sector building a base after months of pressure.

Every supply squeeze rewards holders who lock positions in a real project before the market notices, and Pepeto is the sharpest early entry in the meme sector today. Here is exactly why.

Shiba Inu Price Prediction Lifts as 1.1 Trillion SHIB Exit Binance While Meme Sector Builds Floor Table of Contents

Shiba Inu Price Prediction Lifts as 1.1 Trillion SHIB Exit Binance While Meme Sector Builds FloorFresh Entries as SHIB Tightens and Meme Exchange Demand BuildsThe Presale That SHIB Holders See as Their Next ShotShiba Inu (SHIB) Price at $0.000004559 as 1.1 Trillion Tokens Exit Binance and BTC/ETH Reserves ClimbConclusionClick To Visit Pepeto Website To Enter The PresaleFAQsWhat is the shiba inu price prediction after 1.1 trillion SHIB left Binance from May to June?Is Shiba Inu a strong buy at $0.000004559 with exchange reserves squeezing on Binance? SHIB reserves on Binance dropped by 1.101 trillion tokens from May 1 to June 1 per BSCN’s Proof of Reserves data, the heaviest outflow of the year, while Bitcoin and Ethereum balances climbed across the same stretch per CoinPedia.

Shiba Inu (SHIB) trades at $0.000004559 per CoinMarketCap, holding the $0.0000044 floor that has anchored the chart for weeks. Burn activity has slowed to about $5 of SHIB per day per Shibburn, but the exchange supply squeeze is doing the work burns no longer can. SHIB now lands inside a market where tightening supply is meeting fading sell pressure, and that gap is where audited early-stage tokens collect the fastest capital.

Fresh Entries as SHIB Tightens and Meme Exchange Demand Builds The Presale That SHIB Holders See as Their Next Shot The meme coin sector lost most of its peak because the typical meme token shipped nothing real. No trading platform, no cross-chain rails, no contract safety. Just hype and hope. That is exactly why the exchange built by the Pepe cofounder reads differently from every other launch live in the sector today.

Pepeto guards wallets against rug pulls, hidden code backdoors, and whale-heavy supply traps spreading through every new meme launch. PepetoSwap settles every order with zero fees touching your stack. The risk engine flags loaded wallets and dangerous contract logic before money lands. The cross-chain bridge moves positions between Ethereum, BNB, and Solana without a single fee.

Over $10.307 million stacked during Fear 14 at $0.0000001878 as the presale heads toward the Binance listing. SolidProof completed every contract check. A developer who came from Binance’s listing crew built the listing path. Staking at 170% APY grows holdings while the exchange scales.

Early SHIB buyers who landed before the 2021 run turned spare change into life-rewriting money, and not one of them admits they put enough in. That exact window is shaping up around Pepeto right now, and the wallets moving before the Binance listing are setting the example everyone else will spend the rest of 2026 wishing they had followed.

Shiba Inu (SHIB) Price at $0.000004559 as 1.1 Trillion Tokens Exit Binance and BTC/ETH Reserves Climb Shiba Inu (SHIB) sits at $0.000004559 after dropping 3.51% in 24 hours per CoinMarketCap, and holding the $0.0000044 support that has anchored the chart for weeks, while SHIB trades 94.6% below its $0.00008616 all-time high per CoinMarketCap.

The T. Rowe Price crypto ETF eligible-asset list now includes SHIB after an amended SEC filing per CoinDesk, and the US Marshals Service holds 54 billion SHIB on the books. Analysts project a 2026 shiba inu price prediction range of $0.0000040 to $0.0000098, with $0.0000060 as the first resistance wall.

From $0.000004559 to the bull case of $0.0000098 gives roughly 2x over months, while the presale 100x depends on an approaching listing already in sight.

Conclusion The SHIB outlook shows the supply squeeze is doing exactly what slowing burns no longer can, with SHIB holding the $0.0000044 floor at $0.000004559 while the path to $0.0000098 stretches across many months.

Early SHIB holders who bought before anyone knew the name became the success stories that changed how the market thinks about meme coins forever, and Pepeto is building again in that exact same moment, with a working exchange, a Pepe cofounder behind it, and a Binance listing closing in fast.

What’s left of the presale shrinks with every hour as each round closes faster than the one before, and the time to act is right now because the Binance debut waits for no wallet. The buyers securing their entry before the final tranche fills are the names this cycle will headline, while every wallet that hesitated watches the chance to enter get smaller every day until it turns into the most expensive miss of the year. Once Binance opens trading, the door to this entry shuts and never opens again.

Click To Visit Pepeto Website To Enter The Presale

FAQs What is the shiba inu price prediction after 1.1 trillion SHIB left Binance from May to June? Analysts project $0.0000040 to $0.0000098 for Shiba Inu in 2026, with $0.0000060 as the first resistance wall. The supply squeeze on Binance is the freshest bullish signal in months.

Is Shiba Inu a strong buy at $0.000004559 with exchange reserves squeezing on Binance? Shiba Inu (SHIB) trades at $0.000004559 with tightening supply on Binance and rising T. Rowe Price ETF eligibility. Pepeto at presale pricing targets 100x returns SHIB at $2.6 billion cannot match.

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Michelle DG

Michelle is an editor at CoinCentral & Blockonomi, covering the latest trends in crypto, blockchain, and digital finance. With a sharp eye for detail and a passion for emerging technologies. [email protected]

Market commentator Ryker has reflected on Shiba Inu’s early success story and how he generated millions of dollars during SHIB’s explosive 2021 rally. 

Notably, Ryker revealed that he made $2 million in profit from SHIB during its historic rally. According to him, he entered the market early and eventually exited his position after the token surged above $0.00008.

However, Ryker did not disclose the size of his initial investment or the entry price that enabled him to secure the multi-million-dollar gain. Nonetheless, his experience mirrors the stories of several early SHIB investors who recorded extraordinary returns during the token’s formative years.

Shiba Inu Overcame Early Skepticism  Shiba Inu launched in August 2020 but quickly fell to around $0.000000000056, with many critics initially dismissing it as another failed meme coin. However, sentiment began to shift in early 2021 as community activity intensified and major exchanges, including Binance, listed the token for trading.

Meanwhile, a major turning point came when pseudonymous founder Ryoshi sent 500 trillion SHIB, or half of the total supply, to Ethereum co-founder Vitalik Buterin. Subsequently, Buterin burned 410 trillion tokens and donated the remainder to charity, an action that significantly boosted attention and demand for the project.

As retail inflows accelerated, SHIB surged to an all-time high of $0.00008845, transforming small early positions into life-changing profits for some holders. Reports from that period include investors turning a few hundred dollars into millions, underscoring the scale of the 2021 speculative rally.

Ryker Says Market Cap Does Not Limit Growth Potential Meanwhile, Ryker shared his experience while discussing lessons he learned from the rise of meme coins such as Shiba Inu and Dogecoin. According to him, market cap alone does not determine a cryptocurrency’s upside potential. He argued that investors should evaluate factors such as token distribution, market narrative, liquidity, and community engagement.

Applying that strategy, Ryker said he identified SHIB’s potential early and captured $2 million in profits during the token’s meteoric rise.

SHIB Remains Far Below Its Record High Despite its remarkable 2021 performance, Shiba Inu remains a shadow of its former peak. The token currently trades around $0.000004560, representing a decline of 94.85% from its all-time high of $0.00008845. 

Shiba Inu has fallen 19% over the past month, declined 7.74% in the past seven days, and dropped 34% year-to-date. At its current market valuation of roughly $2.68 billion, SHIB ranks as the 30th-largest cryptocurrency globally by market capitalization. 

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Kalshi prediction market has expanded its perpetual futures trading offering to include Zcash (ZEC) and Near Protocol (NEAR). The platform shows perpetual contracts for altcoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) are also live for trading after approval from US CFTC.

Kalshi Launches Zcash (ZEC), NEAR, SHIB and DOGE Perps Trading Kalshi has added Zcash (ZEC) and NEAR to its line of US CFTC-regulated perpetual contracts. The products debuted under the trademark “American Perpetuals,” which aims to offer CFTC-regulated perpetual futures contracts trading to users in the United States.

Notably, the prediction market platform filed for ZEC and NEAR perpetual futures with the CFTC on Tuesday. The platform is offering 2x leverage on ZEC and 2.6x on NEAR.

As CoinGape reported earlier, Kalshi filed for ETH, XRP, SOL, DOGE, XLM, LINK, BCH, LTC, SUI, SHIB, DOT, HBAR, and HYPE earlier this month. Among these altcoins, approvals for XLM, DOT, and HBAR are still pending with the US CFTC.

Kalshi now offers perpetuals trading for Bitcoin and 12 altcoins. Notably, Shiba Inu perpetual contact is listed as KSHIB, with a max leverage of 2x. The perpetuals are CFTC-regulated and don’t have an expiration date.

The approvals came despite CME Group’s lawsuit against the US CFTC and Chairman Mike Selig, alleging these contracts are swaps. The SEC and CFTC are requesting public comments to clarify and harmonize definitions of derivatives products, especially swaps.

Kalshi Launches ZEC, NEAR, SHIB, DOGE Perps Will Prices Rebound amid CFTC Approvals? ZEC price jumped more than 2% to $421, but pared gains amid latest crypto liquidations. The price is currently trading at $410.66, with a 24-hour low and high of $409.29 and $425, respectively.

NEAR price has also dropped by almost 3% to $1.93 amid ongoing crypto market crash ahead of the US PCE inflation data and monthly crypto options expiry this week.

Meanwhile, meme coins DOGE and SHIB are falling deeper amid the latest selloff in the global markets amid the tech rout and strengthening US dollar.

If you’re looking to buy the dip in the crypto market across both centralized and decentralized lending models, check out our Best Crypto Loan Platforms of 2026 recommendations list.

Kalshi has expanded its CFTC-regulated crypto perpetuals lineup to 13 digital assets after launching new contracts tied to Zcash, Near Protocol, and Shiba Inu, while legal battles over the platform’s products continue to intensify.

Summary

Kalshi expanded its CFTC-regulated crypto perpetuals lineup with Zcash and Near contracts, while Dogecoin and Shiba Inu perpetuals are also live. The rollout comes as CME Group challenges the CFTC’s approval of similar products and the regulator fights Kentucky over market oversight. Traditional finance firms, including CBOE and Charles Schwab, are increasingly exploring perpetual and prediction-style trading products. According to Kalshi’s latest listings, the prediction market operator has expanded its “American Perpetuals” lineup with contracts tied to Zcash (ZEC) and Near Protocol (NEAR), while Dogecoin (DOGE) and Shiba Inu (SHIB) perpetuals are also now available for trading. The additions bring the total number of supported crypto assets to 13, alongside Bitcoin and other altcoins.

🚨SCOOP: US CFTC approves Zcash (zcash:native), near:native ethereum:0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce DOGE and other perpetual futures trading on Kalshi

🔸Kalshi filed for ZEC and NEAR perps on June 23.
🔸Prediction market now offers perps trading for Bitcoin and 12… pic.twitter.com/ik8jMNo81X

— Rednirav (@CryptoRednirav) June 24, 2026 The contracts are available through a structure approved by the U.S. Commodity Futures Trading Commission and do not carry expiration dates.

Recent filings submitted by Kalshi show the platform sought regulatory clearance for the new products on Tuesday. Zcash perpetuals are being offered with up to 2x leverage, while Near contracts allow leverage of up to 2.6x. Shiba Inu’s perpetual contract, listed under the ticker KSHIB, also carries a maximum leverage ratio of 2x. Dogecoin perpetuals are also listed on the platform as part of the latest wave of CFTC-approved crypto contracts.

The additions follow an earlier wave of filings covering assets including XRP, Solana, Dogecoin, Chainlink, Litecoin, Bitcoin Cash, Sui, Hyperliquid, Polkadot, Hedera, and Stellar. Kalshi has already secured approval for most of those products, though contracts linked to Stellar, Polkadot, and Hedera remain under review by the CFTC.

Legal scrutiny has grown around perpetual contracts While Kalshi continues adding crypto products, regulatory questions surrounding the structure of perpetual contracts have become more prominent. As previously reported by crypto.news, CME Group filed a lawsuit against the CFTC and Chairman Michael Selig, arguing that certain contracts approved by the agency should be classified as swaps rather than futures products.

The debate has expanded beyond crypto markets. Earlier today, the CFTC sued Kentucky in federal court after the state sought to enforce gaming laws against Kalshi, Polymarket, and brokerage partners connected to Coinbase, Robinhood, and Webull.

In its complaint, the regulator argued that designated contract markets operating under federal oversight fall under the Commodity Exchange Act rather than state gaming regulations. Kentucky, however, maintains that sports-linked event contracts meet the state’s definition of sports wagering and should remain subject to local licensing requirements.

At the same time, regulators are seeking public feedback on how derivatives products should be classified. The SEC and CFTC have jointly requested comments on definitions involving swaps and related instruments, an issue that has gained urgency as event-based trading products become more common.

Traditional exchanges are moving toward similar products Interest in perpetual-style contracts has also spread across traditional financial markets. As reported by crypto.news, CBOE Global Markets has begun evaluating whether its continuous Bitcoin and Ether futures could be converted into perpetual contracts after crypto perpetuals generated more than $8.5 billion in trading volume on Kalshi within weeks of launch.

Charles Schwab has likewise entered the prediction-markets segment through a partnership with CBOE, introducing all-or-nothing contracts tied to the performance of the S&P 500. The brokerage joins firms including CME Group and Interactive Brokers that have recently expanded into event-driven trading products.

Outside the United States, Kalshi is facing a different challenge. An updated members’ agreement published on Wednesday shows the company has added India to its list of restricted jurisdictions.

Indian authorities have classified prediction-market platforms under the Promotion and Regulation of Online Gaming Act 2025, arguing that products involving real-money speculation on uncertain outcomes can fall within prohibited betting activity regardless of how operators describe them.